Nike, the world’s largest sports clothing company, has donated $140 million to its Black Community Commitment, which invests in groups that work to improve economic and social justice opportunities for black people.
“NIKE, Inc.’s purpose is to move the world forward, breaking barriers and building community to change the game for all,” says Karol Collymore, Senior Director of Inclusive Community for Social & Community Impact. “Our Black Community Commitment embodies this belief and drives how we are showing up to advance racial equality for Black people.”
In addition to national and local groups such as the NAACP Legal Defense Fund, Black Girls Code, Black Girl Ventures, and Black Voters Matter, Nike’s Black Community Commitment will invest the funds over the next ten years. Additionally, as part of its promise, Nike will make an additional $2.75 million in support of 44 local organizations in seven different U.S. cities, including New York, Los Angeles, Chicago, Portland, and Memphis.
New investments totaling $5 million will be announced this month by NIKE, Inc. to support ten national organizations, including four new grantees: Son of a Saint, All Star Code, and Big Brothers Big Sisters of America, all of whom work in the education innovation space, and the Equal Justice Initiative, which is dedicated to social justice reform.